An Assessment of the Financial Feasibility of an OTEC Ecopark: A Case Study at Cozumel Island

The aim of this article is to show how an OTEC Ecopark could provide comprehensive, sustainable, and quality products that satisfy the diverse needs coastal communities in Mexico. An offshore 60 MW hybrid Ocean Thermal Energy Conversion (OTEC) plant proposed, which will not only fulfill water, energy, food communities, but also energize local blue economy. assessment financial feasibility as well a comparative analysis against other forms energy generation was carried out. methodology section includes market description, literature review for technical design, methods mitigating socio-environmental risks, operational risks. To determine feasibility, CAPEX, OPEX annual revenue, including sale CELs carbon credits, were evaluated. Internal Rate Return suggests system would pay itself year 5 system’s 30-year life. used case study, with site-specific adaptations, can be applied across globe.